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Raghuram Rajan's Advice As Global Growth Slows Over Spread Of Coronavirus

Raghuram Rajan's Advice As Global Growth Slows Over Spread Of Coronavirus

Friday, February 28, 2020, 12:54 PM

The best economic tonic for the coronavirus shock is to contain its spread and worry about stimulus later, said Raghuram Rajan, former head of the Reserve Bank of India. There's little central banks can do, and while more government spending would help, the priority should be on convincing companies and households that the virus is under control, he said.
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